Arizona Gov. Jan Brewer Thursday vetoed Senate Bill 1439 which would have made Arizona the second U.S. state to recognize gold and silver as legal tender. In a letter to Arizona State Senate President Andy Biggs, Brewer said, “While I believe the concern over a devalued dollar as a result of an unsustainable federal deficit is justified, I am unable to support this legislation.” “I believe the provisions in this legislation need to be more carefully examined and there should be prior coordination with those government agencies tasked with the oversight of these transactions,” she stressed. See also: Navigating gold,...
